Cadiz Inc. 8.875% Series A Cumulative Perpetual Preferred Stock

Ticker: CDZIP

Parent Ticker: CDZI

OTC Grey Market Temporary Ticker: NA

Issuance Date: 06/30/2021

1st Call Date: 07/02/2026

Maturity Date: None

Shares Issued: 2,000,000

Overallotment Shares: 300,000

Coupon: 8.875%

Face Value: $25.00

Cumulative: Yes

Qualified: Variable

Quarterly Dividend Amount: 0.555

Ex-Dividend Months:

Approx. Ex-Dividend Day: Last Day

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): F

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR